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Rare unit in Australia's most expensive suburb to be sold
May 29, 2023
Rare unit in Australia's most expensive suburb to be sold Sydney
By   Jonathan Chancellor
  • City News
  • Suburban Property
  • Apartments
  • Property for sale
Abstract: The Penn family, through Sotheby's agent Michael Pallier, has listed their investment flat at Chatsworth House in the Point Piper Company ownership complex for $5.9 million.

It is located on the top floor of an array of eight Art Deco flats at 1929 Wolseley Road.

 

It has been strikingly remodelled by Joshua Penn and Benjamin Palmer and features Louis Vuitton décor.

It has two bedrooms and a nursery.

 Rare unit in Australia's most expensive suburb to be sold

"Located on the top floor of the exclusive art deco 'Chatsworth House' (1929) in Sydney's most prestigious enclave," the listing reads.

 

"This penthouse is one of only eight flats facing north with stunning harbour bridge, opera house, city skyline and water views.

 Rare unit in Australia's most expensive suburb to be sold

"Luxuriously furnished to the highest standards, this flat is filled with natural light, soaring ceilings with ornate detail and grand proportions.

 

The open plan living and dining area (with a bespoke marble gas fireplace) opens onto a covered outdoor terrace with harbour views.

 Rare unit in Australia's most expensive suburb to be sold

"The kitchen is beautifully designed with a gas hob, pots and pans and an internal laundry area.

 

"The accommodation comprises 3 bedrooms, the master suite has a marble ensuite with harbour bridge and water views, all bedrooms have bespoke built in wardrobes and the second bedroom has an ensuite and an additional dressing room."

 

According to Proptrack, the median unit price for Point Piper is $3,283,000.

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Rare unit in Australia's most expensive suburb to be sold
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